order – DIGIT INFO

UK order clarifies crypto staking is not a collective investment scheme

DIGIT — Fri, 10 Jan 2025 01:26:08 +0000

The UK Treasury has amended finance laws to clarify that crypto staking isn’t a collective investment scheme, which a lawyer says is “heavily regulated.”

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North Dakota latest US state to revoke Binance.US license

DIGIT — Wed, 19 Jun 2024 04:52:18 +0000

North Dakota’s Department of Financial Institutions Commissioner pointed to Binance’s money transmitter and AML convictions to make its case.

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CZ released on $175M bond, could return to Dubai

DIGIT — Wed, 22 Nov 2023 01:00:13 +0000

Binance founder Changpeng “CZ” Zhao posted a $175 million bond with a condition he returns to the U.S. two weeks before his sentencing.

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Ryder Ripps ordered to pay Yuga Labs $1.6M in copyright lawsuit

DIGIT — Fri, 27 Oct 2023 00:49:02 +0000

The NFT artists were also ordered to cover Yuga Labs’ legal fees after determining the trademark infringement constituted an “exceptional case.”

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Binance seeks protective order against SEC’s ‘fishing expedition’

DIGIT — Tue, 15 Aug 2023 04:03:06 +0000

The exchange claims the SEC’s deposition and discovery requests are outside the scope of the regulators lawsuit it filed against Binance.

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Prime Trust’s financials ‘considerably deteriorated,’ says Nevada regulator

DIGIT — Thu, 22 Jun 2023 22:53:49 +0000

Nevada’s business regulator issued a cease and desist order to the crypto custodian alleging it has a “shortfall of customer funds.”

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Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena

DIGIT — Thu, 12 Jan 2023 23:00:57 +0000

A federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball stadium. The sports venue was branded FTX Arena as part of a multi-year, multi-million dollar sponsorship deal between the now-bankrupt crypto exchange and Miami-Dade County in 2021. FTX Signage and Advertising to Be Removed From Downtown Miami Sports […]

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Core Scientific shuts down 37K mining rigs it was hosting for Celsius

DIGIT — Wed, 04 Jan 2023 02:49:42 +0000

Core Scientific estimated that canceling the agreement with Celsius will provide $2 million in revenue per month as long as Bitcoin stays around $16,700.

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FTX CEO Updates Crypto Community, Sunsets Alameda Trading, Addresses a Specific ‘Sparring Partner’

DIGIT — Thu, 10 Nov 2022 17:30:33 +0000

On Nov. 10, 2022, FTX CEO Sam Bankman-Fried (SBF) addressed the crypto community in a thread posted to Twitter. SBF noted that he messed up and “should have done better” and also detailed that at some point he “might have more to say about a particular sparring partner.” SBF Says He Messed Up, Claims ‘Hands […]

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Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December

DIGIT — Thu, 15 Sep 2022 10:30:11 +0000

The central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s digital asset market by Dec 1. Working with other regulators, they should also present a common position on the legislation needed to regulate it. Pressed […]

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